A place to discuss all things ADM
12-15-2021, 12:39 AM
#961
12-15-2021, 01:55 PM
#962
I may potentially know of another Touring allocation... $55k ADM. It's May production and PTS eligible (though color selection is due in about a month). PM if interested.
The following 2 users liked this post by ssiminou:
Freddie Two Bs (12-16-2021),
MiamiAnimalDoc (12-15-2021)
12-18-2021, 10:11 PM
#963
12-23-2021, 09:12 AM
#965
Everyone who hates ADM should follow this story closely. Still a long way away but if markets keep strong like they are, VW would be fools not to spin off Porsche eventually.
https://www.reuters.com/markets/euro...es-2021-12-07/
At that point, when Porsche will be directly accountable for its earnings in its own right, and not just as a slice of the huge VW Group pie, you can be assured that shareholders won't allow them to leave hundreds of millions of net income on the table, and into dealers' pockets.
So the bad news is that the cars will still cost 50k or 100k more than today's MSRP, but the good news is that money will go to shareholders and personnel and R&D and not to an intermediary.
https://www.reuters.com/markets/euro...es-2021-12-07/
At that point, when Porsche will be directly accountable for its earnings in its own right, and not just as a slice of the huge VW Group pie, you can be assured that shareholders won't allow them to leave hundreds of millions of net income on the table, and into dealers' pockets.
So the bad news is that the cars will still cost 50k or 100k more than today's MSRP, but the good news is that money will go to shareholders and personnel and R&D and not to an intermediary.
The following 2 users liked this post by Freddie Two Bs:
Diablo Dude (12-27-2021),
MiamiAnimalDoc (12-23-2021)
12-26-2021, 03:04 PM
#966
1st Gear
Join Date: Dec 2021
Posts: 1
Likes: 0
Received 0 Likes
on
0 Posts
I know of another Winged slot for $50k ADM, but you have to do European Delivery. It is PTS eligible. It may not be as good as the $35k JAB12 very kindly offered on this thread, but it's an actual allocation (compared to dealers putting you on lists at $50k with no slots). I have no skin in the game for this allocation either, and you're welcome to PM me. Also has a Touring for $75k.
12-26-2021, 03:16 PM
#967
Unfortunately not…those two slots and the other Touring I mentioned earlier are no longer available.
I was texted last week about another late summer delivery PTS Touring at $75k, but otherwise it seems allocations for MY22 are done for a while.
I was texted last week about another late summer delivery PTS Touring at $75k, but otherwise it seems allocations for MY22 are done for a while.
12-27-2021, 07:52 AM
#968
I saw a report by someone on CNBC that used car prices have gone nuts the past 3-4 months and a part of that has been driven by more and more speculators/flippers entering the market because they think prices will keep rising. This sure reminds me a lot of 2004-2007 real estate run up and we all know how that ended.
The following users liked this post:
AlexCeres (01-01-2022)
12-27-2021, 07:46 PM
#969
I saw a report by someone on CNBC that used car prices have gone nuts the past 3-4 months and a part of that has been driven by more and more speculators/flippers entering the market because they think prices will keep rising. This sure reminds me a lot of 2004-2007 real estate run up and we all know how that ended.
So has a negative real interest rate. My local dealership literally has only 1 new vehicle on its lot to sell.
Meanwhile, chip companies are ramping up big-time.
My guess is that this wont end well either.
The following users liked this post:
usctrojanGT3 (12-28-2021)
12-28-2021, 02:09 AM
#970
Clearly, the supply-chain issues (lack of semiconductor chips) has brought about this environment.
So has a negative real interest rate. My local dealership literally has only 1 new vehicle on its lot to sell.
Meanwhile, chip companies are ramping up big-time.
My guess is that this wont end well either.
So has a negative real interest rate. My local dealership literally has only 1 new vehicle on its lot to sell.
Meanwhile, chip companies are ramping up big-time.
My guess is that this wont end well either.
The following 3 users liked this post by usctrojanGT3:
01-01-2022, 04:54 AM
#971
Three Wheelin'
God forbid this ADM thread turns into a personal finance thread. Hahaha
although I’m one to pay cash for cars let’s just cut to the end and say everyone’s personal situations are different and there’s no one-size-fits-all approach.
Personal finance is 80% psychological, 20% math
although I’m one to pay cash for cars let’s just cut to the end and say everyone’s personal situations are different and there’s no one-size-fits-all approach.
Personal finance is 80% psychological, 20% math
01-01-2022, 05:02 AM
#972
Three Wheelin'
probably not so crazy. a friend just took a 40k allocation from fremont & he will be buying a loaded macan on top of that.
01-01-2022, 08:16 AM
#973
The following users liked this post:
AlexCeres (01-01-2022)
01-01-2022, 10:53 AM
#974
Sadly yes. I am probably partly naive, but I got on the list in April 2017 as number 35 and now worked my way up to top 5-6.
As I said, I am SUPPOSED to get a MSRP allocation, but times have changed so much that I wouldn’t be surprised if they will suddenly broach the topic of ADM now.
It also seems that with this never ending epidemic, I will not be able to do Euro Delivery…but that is a topic for another day.
As I said, I am SUPPOSED to get a MSRP allocation, but times have changed so much that I wouldn’t be surprised if they will suddenly broach the topic of ADM now.
It also seems that with this never ending epidemic, I will not be able to do Euro Delivery…but that is a topic for another day.
Dont be surprised if they add ADM. Porsche Milwaukee North wasn’t afraid to do it to me at the last minute! I had a deposit and agreed upon price on my build on a Turbo S since April and last week it was to lock, I got an email
telling me they changed their mind and were adding 20% ADM.
The following 2 users liked this post by 2thdoc14:
Freddie Two Bs (01-01-2022),
Spike Spiegel (01-01-2022)
01-01-2022, 11:27 AM
#975
Rennlist Member
Dont be surprised if they add ADM. Porsche Milwaukee North wasn’t afraid to do it to me at the last minute! I had a deposit and agreed upon price on my build on a Turbo S since April and last week it was to lock, I got an email
telling me they changed their mind and were adding 20% ADM.
telling me they changed their mind and were adding 20% ADM.